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Germán Bernácer Prize
The Bernácer Prize is awarded annually to European young economists who have made outstanding contributions in the fields of macroeconomics and finance. The prize is named after Germán Bernácer, an early Spanish macroeconomist. The prize was created in 2001 by the Observatory of the ECB (OBCE, Observatorio del Banco Central Europeo), a nonprofit association of economists that aims at promoting the public debate on the policies of the European Central Bank and, more broadly, on the problems the European economy is facing, with the aim of improving the quality of economic policies. The Germán Bernácer prize was established in 2001 to recognize the work of young economists from the European Union and to stimulate research on European macroeconomics and financial issues. Modelled on the John Bates Clark Medal, prizewinners are economists under the age of 40. The prize includes a diploma and a cash award of €30,000. From the first edition of the prize to the 10th edition, the p ...
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Madrid
Madrid ( ; ) is the capital and List of largest cities in Spain, most populous municipality of Spain. It has almost 3.5 million inhabitants and a Madrid metropolitan area, metropolitan area population of approximately 7 million. It is the Largest cities of the European Union by population within city limits, second-largest city in the European Union (EU), and its wikt:monocentric, monocentric Madrid metropolitan area, metropolitan area is the List of metropolitan areas in Europe by population, second-largest in the EU.United Nations Department of Economic and Social AffairWorld Urbanization Prospects (2007 revision), (United Nations, 2008), Table A.12. Data for 2007. The municipality covers geographical area. Madrid lies on the Manzanares (river), River Manzanares in the central part of the Iberian Peninsula at about above mean sea level. The capital city of both Spain and the surrounding Community of Madrid, autonomous community of Madrid (since 1983), it is also th ...
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Stephanie Schmitt-Grohe
Stephanie Schmitt-Grohé is a German economist who has been a professor of economics at Columbia University since 2008.http://www.columbia.edu/~ss3501/cv.pdf Her research focuses on macroeconomics, fiscal policy, and monetary policy in open and closed economies. In 2004, she was awarded the Bernácer Prize, for her research on monetary stabilization policies. Biography Schmitt-Grohé received a vordiplom in economics from the University of Münster in 1987, an MBA from Baruch College in 1989, and a PhD in economics from the University of Chicago in 1994. At Chicago, her doctoral adviser was Michael Dean Woodford, who developed of one of the first microfounded New Keynesian macroeconomic models. From 1994 to 1998, Schmitt-Grohé worked in the Division of Monetary Affairs of the Federal Reserve Board. She became an assistant professor at Rutgers University in 1998, where she became a tenured associate professor in 2001. She left Rutgers in 2003 for Duke University, where sh ...
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Lasse Heje Pedersen
Lasse Heje Pedersen (born October 3, 1972) is a Danish financial economist known for his research on liquidity risk and asset pricing. He is Professor of Finance at the Copenhagen Business School. Before that, he held the position of a Professor of Finance and Alternative Investments at the New York University Stern School of Business. He has also served in the monetary policy panel and liquidity working group at the Federal Reserve Bank of New York and is a principal at AQR Capital Management. He was the winner of the 2011 Germán Bernácer Prize, awarded annually to the best European economist under the age of 40, for his original research contributions on how the interaction between market liquidity risk and funding liquidity risk can create liquidity spirals and systemic financial crises. Education and academic career After completing his bachelor's and master's degrees in mathematics and economics at the University of Copenhagen in 1997, he went to Stanford Univers ...
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NYU Stern School Of Business
The Leonard N. Stern School of Business (also NYU Stern, Stern School of Business, or simply Stern) is the business school of New York University, a private research university based in New York City. Founded as the School of Commerce, Accounts and Finance in 1900, the school received its current name in 1988. Stern is a founding member of the Association to Advance Collegiate Schools of Business. Established as the School of Commerce, Accounts and Finance, the school changed its name in 1988 in honor of Leonard N. Stern, an alumnus and benefactor of the school. The school offers Bachelor of Science in Business at the undergraduate level and Master of Business Administration degrees at the postgraduate level. The school is located on Gould Plaza next to the Courant Institute of Mathematical Sciences and the economics department of the College of Arts and Sciences. History The Stern School was founded by Charles Waldo Haskins (an alumnus of New York University Tandon School of ...
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Xavier Gabaix
Xavier Gabaix (born August 1971) is a French economist, currently the Pershing Square Professor of Economics and Finance at Harvard University. He has been listed among the top 8 young economists in the world by ''The Economist''. He holds a B.A. in mathematics from the Ecole Normale Supérieure, as well as a Ph.D. in Economics from Harvard University. Gabaix mostly researches asset pricing, behavioral economics, and macroeconomics. He has many notable and highly original research contributions on a number of subjects in financial economics, including the level of compensation of corporate executives, and behaviorally influenced decision making and its influence on asset market behaviour. In some of his work, he has made use of axiom-based models of the shapes of the tails of probability distributions. A hallmark of Professor Gabaix's research style is his propensity to take unexpected directions. He previously held a position as associate professor of economics at the Massachus ...
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Harvard University
Harvard University is a Private university, private Ivy League research university in Cambridge, Massachusetts, United States. Founded in 1636 and named for its first benefactor, the History of the Puritans in North America, Puritan clergyman John Harvard (clergyman), John Harvard, it is the oldest institution of higher learning in the United States. Its influence, wealth, and rankings have made it one of the most prestigious universities in the world. Harvard was founded and authorized by the Massachusetts General Court, the governing legislature of Colonial history of the United States, colonial-era Massachusetts Bay Colony. While never formally affiliated with any Religious denomination, denomination, Harvard trained Congregationalism in the United States, Congregational clergy until its curriculum and student body were gradually secularized in the 18th century. By the 19th century, Harvard emerged as the most prominent academic and cultural institution among the Boston B ...
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Emmanuel Farhi
Emmanuel Farhi (8 September 1978 – 23 July 2020) was a French economist who served as the Robert C. Waggoner Professor of Economics at Harvard University from 2018 till his death in 2020. A specialist in macroeconomics, taxation and finance, he also served on the Conseil d’Analyse Économique from 2010 to 2010. On July 23, 2020, aged 41, Farhi committed suicide. Education Emmanuel Farhi was born in Paris in 1978, the son of André Farhi, a development economist of Egyptian Jewish descent, and Danièle Debordeaux, a specialist in social policy. He attended the Lycée Louis-le-Grand, where, in 1995, he won the concours général in physics, and completed his '' classes préparatoires'' in mathematics.https://scholar.harvard.edu/sites/scholar.harvard.edu/files/farhi/files/cv_farhi.pdf In 1997, he ranked first on the national competitive exam for entry to the École Polytechnique. He chose instead to attend the École Normale Supérieure, where he specialised in mathematics ...
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Markus Brunnermeier
Markus Konrad Brunnermeier (born March 22, 1969) is an economist, who is the Princeton University Department of Economics, Edwards S. Sanford Professor of Economics at Princeton University. Brunnermeier is a faculty member of Princeton's Princeton University Department of Economics, department of economics and director of the Bendheim Center for Finance. He is also a nonresident senior fellow at the Peterson Institute for International Economics. Brunnermeier is also the president of the American Finance Association in 2023. His research focuses on international financial markets and the macro economy with special emphasis on Economic bubble, bubbles, liquidity, Financial crisis, financial crises and monetary policy. He promoted the concepts of Resilience, Liquidity crisis, liquidity spirals, CoVaR as co-risk measure, the paradox of prudence, financial dominance, ESBies, the Reversal Rate, Digital currency areas, the redistributive monetary policy, and the I Theory of Money. H ...
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University Of California, Berkeley
The University of California, Berkeley (UC Berkeley, Berkeley, Cal, or California), is a Public university, public Land-grant university, land-grant research university in Berkeley, California, United States. Founded in 1868 and named after the Anglo-Irish philosopher George Berkeley, it is the state's first land-grant university and is the founding campus of the University of California system. Berkeley has an enrollment of more than 45,000 students. The university is organized around fifteen schools of study on the same campus, including the UC Berkeley College of Chemistry, College of Chemistry, the UC Berkeley College of Engineering, College of Engineering, UC Berkeley College of Letters and Science, College of Letters and Science, and the Haas School of Business. It is Carnegie Classification of Institutions of Higher Education, classified among "R1: Doctoral Universities – Very high research activity". Lawrence Berkeley National Laboratory was originally founded as par ...
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Pierre-Olivier Gourinchas
Pierre-Olivier Gourinchas (born 30 March 1968) is a French economist who has been the chief economist of the International Monetary Fund since 2022. Gourinchas is also the S.K. and Angela Chan Professor of Management at the University of California, Berkeley (currently on secondment to the IMF). At the University of California, he also directs the Clausen Center for International Business and Policy and is affiliated with the Haas School of Business. His research focuses on macroeconomics, in particular international macroeconomics and international finance. In 2008, Gourinchas received the Prix du meilleur jeune économiste de France, Prize of the Best Young Economist of France. Biography Pierre-Olivier Gourinchas studied at the (1987–90), École des Hautes Etudes en Sciences Sociales (1990-91), École des Ponts et Chaussées (1990-93), and Massachusetts Institute of Technology (1993–96), obtaining a Ph.D. from the last with a thesis on exchange rates and consumption (economi ...
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Princeton University
Princeton University is a private university, private Ivy League research university in Princeton, New Jersey, United States. Founded in 1746 in Elizabeth, New Jersey, Elizabeth as the College of New Jersey, Princeton is the List of Colonial Colleges, fourth-oldest institution of higher education in the United States and one of the nine colonial colleges chartered before the American Revolution. The institution moved to Newark, New Jersey, Newark in 1747 and then to its Mercer County, New Jersey, Mercer County campus in Princeton nine years later. It officially became a university in 1896 and was subsequently renamed Princeton University. The university is governed by the Trustees of Princeton University and has an endowment of $37.7 billion, the largest List of colleges and universities in the United States by endowment, endowment per student in the United States. Princeton provides undergraduate education, undergraduate and graduate education, graduate instruction in the hu ...
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Hélène Rey
Hélène Rey (born 1970) is a French economist who serves as Professor at London Business School (LBS). Her work focuses on international trade, financial imbalances, financial crises and the international monetary system. Early life and education The daughter of a teacher and an engineer, Rey was born in Brioude of South-Central FranceAnnie Maccoby Berglof (14 June 2014At home: Hélène Rey''Financial Times''. in 1970, where she lived for the early years of her life, speaking both French and English. Rey received her undergraduate degree from ENSAE Paris in 1994 and a Master of Science degree in Engineering Economic Systems from Stanford University the same year. She has Ph.Ds from Ecole des Hautes Etudes en Sciences Sociales and London School of Economics, both in 1998. Career After working as a lecturer at LSE 1997–2000 Rey was assistant professor and later professor (2006) at Princeton University where she also worked at Bendheim Center for Finance and Woodrow Wilso ...
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